Contracts
Breach of Contract
Purchase of Goods
Holux Technology Inc. v. International Ally Inc.
Published: Jul. 9, 2009 | Result Date: May 4, 2009 |Case number: 08CV01535(DDP) Settlement – $1,200,000
Facts
In August 2007, plaintiff Holux Technology Inc., a manufacturer and seller of consumer electronics, and defendant International Ally Inc. agreed to a written sales contract for a transaction valued at $1,490,000, due on Jan. 1, 2008. The transaction was for specially manufactured goods, which Holux Technology completed.
Contentions
PLAINTIFF'S CONTENTIONS:
Result
The parties settled for the amount of $1,200,000.
Other Information
FILING DATE: March 5, 2008.
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